
Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of Broadcom Inc. (NASDAQ:AVGO)

Rep. Gilbert Ray Cisneros, Jr. (D-California) purchased shares of Broadcom Inc. (NASDAQ:AVGO) valued between $1,001 and $15,000 on October 17th, disclosed in a November 18th filing. The transaction was made through the "150 MAIN STREET TRUST > BANK OF AMERICA" account. Cisneros also made several other trades in various companies, including CommVault Systems and Cohen & Steers.
Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of Broadcom Inc. (NASDAQ:AVGO). In a filing disclosed on November 18th, the Representative disclosed that they had bought between $1,001 and $15,000 in Broadcom stock on October 17th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.
- Broadcom’s Best Catalyst Yet Might Be Hiding in 2026 Forecasts
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Purchased $1,001 - $15,000 in shares of CommVault Systems NASDAQ: CVLT on 11/3/2025.
- Sold $1,001 - $15,000 in shares of The Descartes Systems Group NASDAQ: DSGX on 11/3/2025.
- Purchased $1,001 - $15,000 in shares of Cohen & Steers NYSE: CNS on 10/30/2025.
- Purchased $1,001 - $15,000 in shares of Credo Technology Group NASDAQ: CRDO on 10/30/2025.
- Sold $1,001 - $15,000 in shares of UFP Industries NASDAQ: UFPI on 10/30/2025.
- Purchased $1,001 - $15,000 in shares of Enerpac Tool Group NYSE: EPAC on 10/30/2025.
- Sold $1,001 - $15,000 in shares of Sterling Infrastructure NASDAQ: STRL on 10/30/2025.
- Purchased $1,001 - $15,000 in shares of Tencent OTC: TCTZF on 10/21/2025.
- Purchased $1,001 - $15,000 in shares of Mitsubishi Heavy Industries OTCMKTS: MHVYF on 10/21/2025.
- Purchased $1,001 - $15,000 in shares of Iberdrola OTCMKTS: IBDSF on 10/21/2025.
Broadcom Stock Performance
Shares of NASDAQ AVGO traded down $7.60 during trading hours on Thursday, hitting $346.82. 28,734,427 shares of the stock were exchanged, compared to its average volume of 19,283,484. The firm has a market capitalization of $1.64 trillion, a P/E ratio of 88.47, a P/E/G ratio of 1.21 and a beta of 1.19. The company's 50 day moving average is $348.54 and its 200 day moving average is $298.92. Broadcom Inc. has a one year low of $138.10 and a one year high of $386.48. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.50 and a quick ratio of 1.37.
- Jefferies Tells NVIDIA to Step Aside, Picks Broadcom as Top Semiconductor Stock
Broadcom (NASDAQ:AVGO - Get Free Report) last posted its quarterly earnings data on Thursday, September 4th. The semiconductor manufacturer reported $1.69 earnings per share for the quarter, topping the consensus estimate of $1.66 by $0.03. The business had revenue of $15.95 billion during the quarter, compared to analysts' expectations of $15.82 billion. Broadcom had a return on equity of 36.60% and a net margin of 31.59%.The firm's revenue was up 22.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.24 EPS. Broadcom has set its Q4 2025 guidance at EPS. On average, research analysts expect that Broadcom Inc. will post 5.38 EPS for the current year.
Broadcom Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 22nd were paid a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Monday, September 22nd. Broadcom's payout ratio is presently 60.20%.
Insider Buying and Selling
- OpenAI's Restructuring Sets up What Could Be the Biggest IPO Ever
In other Broadcom news, Director Henry Samueli sold 368,797 shares of the company's stock in a transaction on Wednesday, September 24th. The shares were sold at an average price of $337.91, for a total value of $124,620,194.27. Following the transaction, the director directly owned 37,722,534 shares in the company, valued at $12,746,821,463.94. The trade was a 0.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Charlie B. Kawwas sold 3,893 shares of Broadcom stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $347.82, for a total transaction of $1,354,063.26. Following the sale, the insider directly owned 25,295 shares of the company's stock, valued at $8,798,106.90. The trade was a 13.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders purchased 3,550 shares of company stock worth $1,227,869 and sold 665,271 shares worth $225,483,192. 2.00% of the stock is owned by company insiders.
Wall Street Analyst Weigh In
Several equities analysts recently commented on AVGO shares. Argus upped their target price on shares of Broadcom from $285.00 to $375.00 and gave the company a "buy" rating in a research note on Monday, September 8th. Mizuho set a $435.00 price objective on shares of Broadcom and gave the company an "outperform" rating in a research report on Tuesday, October 21st. Truist Financial raised their price target on Broadcom from $295.00 to $365.00 and gave the company a "buy" rating in a report on Friday, September 5th. Raymond James Financial set a $420.00 target price on shares of Broadcom in a report on Thursday. Finally, Barclays set a $450.00 price target on Broadcom and gave the company an "overweight" rating in a research note on Tuesday, October 14th. Three analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat, Broadcom presently has an average rating of "Buy" and a consensus price target of $374.21.
Read Our Latest Stock Report on AVGO
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the company. Arthur M. Cohen & Associates LLC grew its position in Broadcom by 0.6% in the third quarter. Arthur M. Cohen & Associates LLC now owns 4,781 shares of the semiconductor manufacturer's stock valued at $1,577,000 after purchasing an additional 30 shares in the last quarter. Jackson Hole Capital Partners LLC raised its stake in shares of Broadcom by 1.4% during the 3rd quarter. Jackson Hole Capital Partners LLC now owns 2,170 shares of the semiconductor manufacturer's stock worth $716,000 after purchasing an additional 30 shares in the last quarter. Private Wealth Partners LLC boosted its holdings in shares of Broadcom by 0.7% in the 3rd quarter. Private Wealth Partners LLC now owns 4,273 shares of the semiconductor manufacturer's stock valued at $1,410,000 after buying an additional 30 shares during the last quarter. Planning Alternatives Ltd. ADV grew its stake in shares of Broadcom by 1.4% in the third quarter. Planning Alternatives Ltd. ADV now owns 2,168 shares of the semiconductor manufacturer's stock valued at $715,000 after buying an additional 30 shares in the last quarter. Finally, McHugh Group LLC increased its holdings in Broadcom by 0.4% during the third quarter. McHugh Group LLC now owns 8,433 shares of the semiconductor manufacturer's stock worth $2,782,000 after buying an additional 31 shares during the last quarter. 76.43% of the stock is owned by institutional investors and hedge funds.
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
Broadcom Company Profile
(Get Free Report)Broadcom Inc designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company operates in two segments, Semiconductor Solutions and Infrastructure Software.
Further Reading
- Five stocks we like better than Broadcom
- How to Invest in Small Cap Stocks
- Datavault AI Just Raised Guidance by 400%—Are You Paying Attention?
- How to Start Investing in Real Estate
- Peter Thiel Dumps NVIDIA and Slashes Tesla Stake—Is the AI Bubble About to Pop?
- What is the Dogs of the Dow Strategy? Overview and Examples
- Why Lithium Americas Could Be a 2030 Power Play—Not a 2025 One
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Should You Invest $1,000 in Broadcom Right Now?
Before you consider Broadcom, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Broadcom wasn't on the list.
While Broadcom currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here

